HCL Technologies is trading higher by 2% at Rs 410 in an otherwise subdued equity market in morning trades after the company said that it is to establish a software delivery centre in Dublin. The company, which is an IDA Ireland client, will create 80 jobs over 3 years for IT graduates.
“With this center HCL will service a growing number of HCL clients and prospects in the Financial services, Insurance and Healthcare/Pharmaceutical industries. The plan for the development center was also influenced by the growing economy and rapidly increasing demand forecasted for IT services in this region,” the information technology company said in a filing to the stock exchanges.
A combined around 50,000 shares have changed hands on the counter in opening deals on the NSE and the BSE.